The Lipman Family Foundation Inc
The Lipman Family Foundation Inc is a private family foundation established in 1959 and granted tax-exempt status in October 1960. Based in New York, NY, the foundation operates as a trustee-directed grantmaking organization with total assets exceeding $54 million. The foundation distributes approximately $2.5 million annually across a range of charitable organizations, with a particular emphasis on art museums, scientific research, educational institutions, conservation organizations, human services, and philanthropic initiatives.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$54.3M
+11.1% YoY
Annual Giving
$2.5M
+0.9% YoY
Grant Count
73
+12.3% YoY
Avg Grant Size
$35K
-10.1% YoY
Mission & Focus Areas
The foundation does not maintain a publicly stated mission statement. However, its grantmaking priorities include:
- Arts & Culture: Support for art museums and contemporary art initiatives
- Education: General education and science education programs
- Youth Education: Community development and educational enrichment
- Scientific Research: Fostering curiosity through science
- Conservation: Environmental protection and preservation efforts
- Philanthropy & Voluntarism: Support for grantmaking organizations and philanthropic infrastructure
- Human Services: Various charitable contributions to public charities
- Civic Engagement: Community development initiatives
The foundation is particularly known for its support of contemporary art, having established the Lipman Acquisitions Endowment at the San Jose Museum of Art to expand the museum's collection of modern and contemporary works.
Grantmaking
The foundation operates on an invitation-only basis and does not accept unsolicited requests for funds. Grantmaking is trustee-directed with no fixed deadlines or application cycles—grants are awarded throughout the year to preselected organizations.
Grant Range
& Activity:**
Average Grant
amounts vary by program area, ranging from $500 to $65,295
Review Cycle
or application cycles—grants are awarded throughout the year to preselected organizations.
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is national in scope, with primary concentration in California, New York, and Washington, DC.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2024-2025):
- Total Assets: $48.9 million to $54.3 million
- Total Annual Giving: $2.5 million
- Total Revenue: $3.7 million
- Total Expenses: $2.9 million
- Number of Employees: 0
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $54,340,086 | $48,890,935 | $48,177,949 |
| Revenue | $8,479,749 | $3,737,145 | $193,006 |
| Expenses | $3,030,598 | $2,877,867 | $5,131,496 |
| Qualifying Distributions | $2,537,648 | $2,513,510 | $4,821,298 |
| Net Investment Income | $8,122,352 | $3,372,277 | $188,599 |
| Distributable Amount | $3,158,948 | $2,972,473 | $2,824,635 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Beverly S. Lipman – President (7 hours/week)
- Peter W. Lipman – Vice President (5 hours/week)
- Timothy E. Lipman – Treasurer (1 hour/week)
- Benjamin H. Lipman – Secretary (1 hour/week)
- Susan Shaheen – Director
The foundation represents multi-generational family commitment to philanthropy, with leadership composed primarily of family members.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN SHAHEEN | DIRECTOR | — | — |
| BEVERLY S LIPMAN | PRESIDENT | 7 | — |
| PETER W LIPMAN | VICE PRESIDENT | 5 | — |
| TIMOTHY E LIPMAN | TREASURER | 1 | — |
| BENJAMIN H LIPMAN | SECRETARY | 1 | — |
Contact Information
Address: c/o Lester Greenberg 1350 Broadway New York, NY 10018
Phone: (650) 269-5295
Note: The foundation does not maintain a public website or published contact information for grant inquiries. Unsolicited funding requests are not accepted.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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